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There are a couple of items to pass along this morning. Danaher’s (DHR) earnings were down from last year, but the company still beat estimates. Excluding charges, DHR made $1.11 a share, seven cents more than what the Street was expecting. The stock has been up by as much as 11% this morning.

Moog (MOG-A) also has a good earnings report, but it lowered its revenue estimate for this year. The company’s Q1 EPS came in at 70 cents which is up from 64 cents last year, plus it’s two cents more than Street expectations. Moog cut its revenue outlook for the year from $2 billion to $1.95 billion. The shares are up about 5% so far today.

Stryker (SYK) was downgraded from Buy to Hold by Needham. The company reports earnings tomorrow (Andrew Leckey has a good summary of SYK). Bed Bath & Beyond (BBBY) was downgrade by J.P. Morgan from neutral to underweight, although the downgrade doesn’t seem to be hurting the shares at all.

Overall, the Buy List is having a good morning.

Posted by edelfenbein at January 26, 2009 10:48 AM